it was not with nbc or cbs or abc. it was instead with bloomberg news. the president sat down with the financial news network bloomberg to talk about job one for his administration now. dealing with the issue that currently has a strangle hold on this nation's policymaking. >> we have the potential of getting a deal done, but it's going to require what i talked about during the campaign, which is a balanced, responsible approach to deficit reduction that can help give businesses certainty and make sure that the country grows. and unfortunately, the speaker's proposal right now is still out of balance. >> sometimes you hear a sound byte and it sounds like the normal talking points of the campaign that you always here, you're always hearing politicians saying the same thing. but listen again to that last thing that the president said there. >> unfortunately the speaker's proposal right now is still out of balance. >> speaker's proposal is out of balance. empirical statement, sort of. there's a way to judge whether or not that statement is true. what's happ